The Real Deal New York

Shigeru Ban’s Cast Iron House debuts after Pritzker win

Architect's style on full display at 67 Franklin Street property
By Katherine Clarke | April 21, 2014 09:00AM

A long-anticipated Tribeca condominium project, with interiors designed by Shigeru Ban, is launching sales one month after the acclaimed Japanese architect was awarded the prestigious Pritzker Prize.

The Cast Iron House, at 67 Franklin Street, comprises 11 duplex residences and two penthouses.

Corcoran Sunshine Marketing Group is heading up sales at the property, where prices range from $5 million to $15 million.

Knightsbridge Properties, the developer of the project, converted the registered New York City Landmark, built in 1882 and named for its striking cast iron façade. The firm is adding the two modern penthouse units to the existing structure. The penthouse addition will be suspended via a steel cantilevered Vierendeel truss, making it appear from street level as though it’s floating above the building.

The restoration of the property’s façade was painstaking, the developer said. About 4,000 pieces from the ornamental siding were sent to a foundry in Alabama, where they underwent recasting.

The property was formerly home to commercial tenants and a branch of Nyack College before the leases expired in 2008.

“Cast Iron House is a neoclassical landmark in Tribeca, which combines the ethereal architecture Shigeru Ban is known for within a historic cast iron façade,” said Jourdan Krauss, CEO and founder of Knightsbridge.

The property’s 13 units are a combination of three-, four- and five-bedroom residences, all of which have cathedral-style double-height ceilings. They range in size from a 2,850-square-foot three-bedroom to a 4,890 square-foot five-bedroom penthouse with 1,430 square feet of outdoor space. The penthouses incorporate glass walls, which open onto the private exterior terraces.

Building residents have access to a 24-hour doorman, a fitness center and dance studio, and a hydrotherapy spa as well as a lounge, playroom and bike storage.